Nestled in the heart of Mount Albert, Auckland, this 1-bedroom, 1-bathroom unit with a single carport is a gem for those seeking prime location. Constructed in 1960 with brick walls and an iron roof, this cross-lease property offers an average condition throughout. With a floor area of 44 square meters, it's set on a level contour, providing an exciting opportunity for a revamp. The property has seen a significant Capital Value increase of 34.88% from $430,000 in 2017 to $580,000 as of June 2021. The HouGarden AVM estimates the value at $537,500, making it an attractive prospect for investors. This residence is perfect for first-time homeowners or as a starter project.
As for the schools, the nearby Mt Albert School boasts a decile rating of 6, while the Mt Albert Grammar School and Kowhai Intermediate School are both rated at decile 7. Auckland Girls' Grammar School is also in the vicinity with a decile rating of 3. The property's location in a sought-after school zone adds to its appeal.
Positioned down a quiet cul-de-sac, this home is steps away from public transport and the popular St Lukes shopping area. The open-plan living area upstairs is bathed in natural light, and the bedroom offers ample space and storage. This property is vacant and ready for immediate possession. Don't miss this chance to transform it into your dream home.
Updated on May 17, 2024